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Haunted Mansion Limited uses a perpetual inventory system. Inventory data for the year ended December 31, 2019, are as follows: Beginning inventory February 28 purchase

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Haunted Mansion Limited uses a perpetual inventory system. Inventory data for the year ended December 31, 2019, are as follows: Beginning inventory February 28 purchase March 31 sales July 31 purchase August 31 sales October 31 purchase 50 units at $115 each 25 units at $125 each 60 units 45 units at $130 each 40 units 50 units at $135 each Required Determine the amounts to report for Cost of Goods Sold and Ending inventory using FIFO and the weighted-average cost method

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